EUR Trading Outlook Archive

The Euro (EUR) the EUR/USD took the brunt of the selling pressure overnight plummeting to 1.3500 support after the yields on Italian and Spanish Debt jumped sharply. The market had been buying Euro for some time so a correction was due but the speed of… Read more

The Euro (EUR) EUR/USD was able to take advantage of the ‘not to bad not too good’ jobs numbers which suggested the FED would not be moving anytime soon on stopping bond buying purchase. The EUR/USD hit 1.3700 briefly at the height of the optimism… Read more

The Euro (EUR) the Euro broke higher in late New York trade with new trend highs in Asia above 1.3600. The market is overbought but the trend is strong and there seems to be little concern from the European officials at the recent rise across… Read more

The Euro (EUR) the EUR/USD broke above 1.3500 going into London and quickly climbed to fresh trend highs above 1.3570 before consolidating for the rest of the session. The FOMC turned out to be a nonevent but with the USD weak after the GDP miss… Read more

The Euro (EUR) the EUR/USD stalled at 1.3500 unable to break above the key psychological resistance and letting other currencies play catch up. EUR/GBP fell back to lower 0.8500 region as the GBP/USD bounced but the uptrend is still strong and if the EUR/USD break… Read more

The Euro (EUR) the EUR/USD topped out at 1.3480 for a short term double top and we spent the rest of the day consolidating in a 50pip range. A lot of the movement came through EUR/JPY attempted Y123 in Asian morning Monday but was rejected… Read more

The Euro (EUR) The Euro dominated other currencies on Friday with the single currency cementing its place as the strongest of the G7. EUR/JPY surged to Y122.50 and EUR/CHF to 1.2500 with both the Japanese and Swiss both heavily intervening in there FX markets. The… Read more

The Euro (EUR) The EUR/USD had a mixed day against the USD with some selling in Europe reversed later in the US session. European PMI Surveys showed a sharp drop in French manufacturing but a rise in the German reading. The major rallied to 1.3380… Read more

The Euro (EUR) the EUR/USD failed to break free of the 1.3300 orbit and we fell from 1.3350 to 1.3270 in the US session before stabilizing and closing at the familiar 1.3300 figure. EUR/CHF has been noted as a major source of the Euro selling… Read more

The Euro (EUR) rumors and speculations swept the European markets yesterday with a 300 pip range on the EUR/JPY. Talk that large German banks were being broken up and that German Bupa President had resigned sent the EUR/USD sharply lower from 1.3350 to 1.3270 in… Read more